BHG Financial LLC
| Company type | Private |
|---|---|
| Industry | Financial services |
| Founded | 2001 |
| Founder | Albert Crawford, Eric Castro, Bobby Castro |
| Headquarters | Fort Lauderdale , United States |
Area served | United States |
Key people | Albert Crawford (CEO and Chairman), Dan McSherry (CFO), Tyler Crawford (President) |
| Products | Risk management, regulatory compliance, valuation, lending services |
Number of employees | 98+ (2019) |
BHG Financial—previously known as Bankers Healthcare Group—is a U.S.-based financial services firm with its main office located in Fort Lauderdale, Florida. Its financial operations are managed from Syracuse, New York, while sales and technology functions are centered in Davie, Florida. Additional offices operate in Midtown Manhattan, New York City, and Alpharetta, Georgia. The company specializes in services such as risk management, regulatory compliance, and valuation tailored for private equity and venture capital sectors. Established in 2001, BHG initially focused on lending to medical practitioners before broadening its scope to serve other licensed professionals.
History
Albert Crawford, Eric Castro, and Bobby Castro co-founded the company in Davie, Florida, with Albert Crawford currently holding the roles of CEO and Chairman. Crawford’s career began at the New York Futures Exchange in 1984 before transitioning to investment banking with an emphasis on securitizations. The enterprise was launched with an initial investment of $25,000. Since then, BHG has facilitated loan originations exceeding $17 billion. In 2020, the firm ventured into the asset-backed securities (ABS) market, successfully completing six deals.
In February 2015, Pinnacle Bank—a subsidiary of Pinnacle Financial Partners headquartered in Nashville, Tennessee—purchased a 30% ownership stake for $75 million and later increased its share to 49% by investing an additional $114 million in 2016.
By 2019, BHG Financial achieved a revenue milestone of $160 million and expanded its workforce by 98 employees across various locations. Dan McSherry was appointed Chief Financial Officer in August 2019, taking over from Ed Durant, who contributed to revenue growth reaching roughly $216 million by 2018.
The year 2022 marked the company’s rebranding to BHG Financial along with relocating its headquarters to The Main Las Olas. In 2024, Tyler Crawford was appointed as the inaugural President of the organization.
Recognition
Fortune magazine honored the company as one of the Best Places to Work for two consecutive years (2020 and 2021). Additionally, in 2020, BHG Financial was recognized by Airzent and Best Companies Group as a leading employer within the financial technology sector. The firm has also been featured 15 times on the Inc. 5000 list highlighting America’s fastest-growing private companies. In February 2022, BHG Financial was included in the South Florida Business Journal’s Best Places to Work rankings.